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what's your bet? >> my pleasure. my bet is it's going to be -- yeah, i think it's going to be a search engine type product. a facebook phone has been talked about in the media, possible there's an operating system that facebook, you know, has developed, but my bet is that search is priority for them, and mark zuckerberg said so and willing to talk about something on those lines. they have a billion queries a day, and think about how relevant the search could be starting on facebook and combine results from your social network with results from the wider web. they could crawl the web, combine that with what your friends say, and make it a much more relevant search on any topic you want. that, to me, would generate more engagement. dennis: in some ways, facebook could be the biggest threat to google because why search on the web, millions of websites, when i could search among 300 friends i trust for recommendations. if they go into search today, aren't they making google enemy number one, and isn't search not facebook
what's your bet? >> my pleasure. my bet is it's going to be -- yeah, i think it's going to be a search engine type product. a facebook phone has been talked about in the media, possible there's an operating system that facebook, you know, has developed, but my bet is that search is priority for them, and mark zuckerberg said so and willing to talk about something on those lines. they have a billion queries a day, and think about how relevant the search could be starting on facebook and...
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gerri: a bad bet at the bank for a trader in london office cost more than the financial institutions to lose more than $6 billion. the federal regulator's order the banks to fix the poor risk management that led to the problem. heads have rolled at the bank with a trader and chief investment officer leaving in the wake of the loss. reports are surfacing an internal report could be released this week placing some blame on the eo, jamie dimon. what could very well slash the bonus and that could put him at risk of losing the entitlement of highest-paid banker. he took nearly $23 million last year thanks to his bonus. if that bonus gets cut, who could take over the title of highest-paid banker. number five the ceo of goldman sachs took home more than $15.5 million according to the sec includes more than 10 and a half million dollars in stock awards. number four, a familiar face, lloyd glenn fine. his pay package was also thanks to stock awards. number three, jpmorgan chase, the head of the investment bank and while his salary is less, his bonus was nearly a million dollars more. number t
gerri: a bad bet at the bank for a trader in london office cost more than the financial institutions to lose more than $6 billion. the federal regulator's order the banks to fix the poor risk management that led to the problem. heads have rolled at the bank with a trader and chief investment officer leaving in the wake of the loss. reports are surfacing an internal report could be released this week placing some blame on the eo, jamie dimon. what could very well slash the bonus and that could...
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for all the virtues, and they are many, the thing he doesn't really have is the confidence to bet big on this product or that product. there is a lot of conflict and cross is going on inside of apple right now. david: finally, this is a huge stock story as well, moving the market. what this stock has done. the big battle, i guess you saw it, thinking it was a buy at current levels, saying it is not at all. it will go down further. do you dump the stock now or do you buy into these levels? what do you say? >> said in your hands right now. a 30% drop would tempt you to get back in, but i don't see that product pipeline. the problem is apple is such a low value to company right now to continue to sell it might be a mistake. i would be quickly say it is a neutral right now. david: all right, interesting story. books will be written about what happened to apple, how it lost its lead. thank you very much. liz: so, david. disney interactive just announced it is bringing together its most popular disney and pixar characters to create a new storytelling experience you can control, or at least
for all the virtues, and they are many, the thing he doesn't really have is the confidence to bet big on this product or that product. there is a lot of conflict and cross is going on inside of apple right now. david: finally, this is a huge stock story as well, moving the market. what this stock has done. the big battle, i guess you saw it, thinking it was a buy at current levels, saying it is not at all. it will go down further. do you dump the stock now or do you buy into these levels? what...
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we'll see if he makes money out of this but he put a big bet down. he really believes this is a pyramid scheme and that, there's a lot of regulatory interest. if you listen to the longs, guys that are calling me, they're essentially trying to say that the ftc and the sec interest in this is more an interest into ackman manipulating the stock than the company itself. that does not make sense to me. these guys usually go after, when the sec and ftc look at the companies, particularly their disclosures. so, you know, herbalife is winning now. but this is far from over. melissa: all right, charlie. thank you for your latest reporting. charlie gasparino. >> okay. melissa: so ho, ho, hum. turns out retailers didn't have a jolly christmas. the national retail federation reported that holiday retail sales climbed 3% to $580 billion. that is less than the 4.1% the group expected. they blamed the fiscal cliff for disappointing numbers as shoppers cut back on spending due to concerns about the economy. i think that 3% is pretty generous given what the economy l
we'll see if he makes money out of this but he put a big bet down. he really believes this is a pyramid scheme and that, there's a lot of regulatory interest. if you listen to the longs, guys that are calling me, they're essentially trying to say that the ftc and the sec interest in this is more an interest into ackman manipulating the stock than the company itself. that does not make sense to me. these guys usually go after, when the sec and ftc look at the companies, particularly their...
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Jan 15, 2013
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what is the best bet for 2013? rachel is at the cme in chicago and anthony in new york. is gold just moving up today on platinum's move? >> definitely gold is moving up on platinum. platinum has rallied since the first of the year. gold by itself also i believe has been helped by positive numbers out of china, the industrial production numbers have helped gold and uncertainty come in along with debt ceiling and debt negotiations. i think it's helped gold also as people look for safety. >> do you agree that the platinum and rally has helped gold and do you think we can look at this platinum rally and make a bigger indication of what is happening in the economy? some people say it's an indication that things are really turning around? >> jackie, i think it's too heavy. the anglo american platinum pulls off 400,000 ounces of platinum per year. that's almost 7% of global demand -- production, rather. that sends the market up. when i got up this morning and looked at the screen, platinum made that 3% today. i looked at the metal sector and looked at things that were undervalu
what is the best bet for 2013? rachel is at the cme in chicago and anthony in new york. is gold just moving up today on platinum's move? >> definitely gold is moving up on platinum. platinum has rallied since the first of the year. gold by itself also i believe has been helped by positive numbers out of china, the industrial production numbers have helped gold and uncertainty come in along with debt ceiling and debt negotiations. i think it's helped gold also as people look for safety....
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all bets are off after tomorrow. what i could see happening in gs is a couple dollar rally and a late day selloff and that marks the top for the short-term. >>> all right. coming up next, from apple to the flu, we hear from steve koben. and why your neighborhood shopping mall may be on the endangered species list. that's next on "fast." ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. office superstore ink retailer in america
all bets are off after tomorrow. what i could see happening in gs is a couple dollar rally and a late day selloff and that marks the top for the short-term. >>> all right. coming up next, from apple to the flu, we hear from steve koben. and why your neighborhood shopping mall may be on the endangered species list. that's next on "fast." ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit....
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Jan 15, 2013
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that is a safer bet. new year, new ideas. what worked last year may not necessarily work this year. washington shenanigans continue. focus on foreign-oriented stocks. those are the ones that are coming back to life. be right back. >>> >> announcer: coming up, locking in profit? the housing market has been heating up. cramer's been hunting for stocks. tonight, he spotted some household brands with takeover potential. find out if it's a housing play worth moving into. and later, mac daddy no more? 2013 has been a tough year for apple. will it turn around to regain its throne as the stoke to own? don't miss cramer's take. plus, win with wireless? there's a spat of new stocks on the street, and many more coming in 2013. from cutting edge next generation wi-fi to cruise lines. has your ship finally come in? or will there be a disconnect? cramer's breaking down what it takes for these stocks to tick up, just ahead. all coming up on "mad money." don't miss a second of "mad money." follow @jimcramer on twitter. tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a ca
that is a safer bet. new year, new ideas. what worked last year may not necessarily work this year. washington shenanigans continue. focus on foreign-oriented stocks. those are the ones that are coming back to life. be right back. >>> >> announcer: coming up, locking in profit? the housing market has been heating up. cramer's been hunting for stocks. tonight, he spotted some household brands with takeover potential. find out if it's a housing play worth moving into. and later,...
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i bet it will. that's what bugs me about this. this is not only a pitch for dough, it's a pitch at our privacy. and it's brazen. it's pretty brazen. >> have you no choice. they put it in in your car, with ez-pass, they know when you are speeding. they get to know where you are going. >> neil: your argument is what -- to get around this -- not that there is an advocate, to find the revenue in other ways. but you think it's a slippery slope when they monitor you and your car and your driving habits and where you are going? >> it is not so much that they do, but they can. who is to say they won't? but it's so much easier just to raise the gas tax. if you have another anotherrive than to invade privacy, have you to use it. >> neil: maybe that's the mack mack -- macveilian pitch here. >> but raising the gas tax is punitive to the people who bought the greener cars. but i think there are alternatives instead of putting the tracking device -- >> neil: like cutting tracking spenning. track the government spending. get that under control b
i bet it will. that's what bugs me about this. this is not only a pitch for dough, it's a pitch at our privacy. and it's brazen. it's pretty brazen. >> have you no choice. they put it in in your car, with ez-pass, they know when you are speeding. they get to know where you are going. >> neil: your argument is what -- to get around this -- not that there is an advocate, to find the revenue in other ways. but you think it's a slippery slope when they monitor you and your car and your...
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i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being catalysts galore. bob in florida, bob >> it is fwrat to tais great to. south florida by way of teaneck, new jersey. i'm calling about krispy kreme donuts. i sold it and forgot about it and now it seems like they reinvented themselves. the stock is up 70% since mid november and still trading. even talk about take over. >> i believe there is a turn going on. it has been ages since i looked at it. the last time i looked at it i chipped my tooth. i will do more work on it and see where this one can stop. nobody does know. robert in massachusetts, robert. >> booyah jim, hail from massachusett
i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being...
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jim, are you betting a dell deal happens? we've been talking about it all morning. my sense is it's a long ways off and it's a hard deal to get done. >> i think the journal made some good points this morning that you have offshore cash that may not work. look, when the stock was at 9, you would expect it to deal at 12. but the stock just goes bonkers, because the tedeal gets leaked. i think it's going to be talked about, kicked around. the stock goes down to 10. everybody's going to buy it again because they think there's something going on. you would like to see a turn in dell's business. we certainly haven't seen that. >> what are we going to do with lance armstrong, jim? >> oh, boy, i've known thomas wizell for years. i just think this is a national disgrace category that seems to grow by the day. >> i don't know how to -- i don't know whether to pay attention or just not pay attention. i don't know. it's just -- there's a difference between sort of -- i don't know, like even clemens. i don't know what finally happened there. but i just don't have the same -- it'
jim, are you betting a dell deal happens? we've been talking about it all morning. my sense is it's a long ways off and it's a hard deal to get done. >> i think the journal made some good points this morning that you have offshore cash that may not work. look, when the stock was at 9, you would expect it to deal at 12. but the stock just goes bonkers, because the tedeal gets leaked. i think it's going to be talked about, kicked around. the stock goes down to 10. everybody's going to buy...
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. >>> now that city is making a big money bet on a legendary law man to try to turn things around. linda yee tells us a controversial crime fighting tactic he calls a must have might be a tough sell. >> reporter: it was a bloody weekend for oakland and a stronger argument for the city's soon to be hired police consultant to impose one of his controversial policies, stopping and searching suspicious people, otherwise known as stop and frisk. in a satellite interview from new york he told cbs 5 he won't back off from what he believes works. >> any city to say they don't do stop and frisk i'm sorry they don't know what the hell they are talking about. >> reporter: the practice has come under fire civil rights activists are suing police for stopping and searching people in privately owned buildings. >> if it is constitutional i am not against that. >> reporter: oakland attorney john burres promises to watch carefully. >> just because they are walking down the street, african american male, live in a certain neighbourhood. >> every police department in america does it the challenge is d
. >>> now that city is making a big money bet on a legendary law man to try to turn things around. linda yee tells us a controversial crime fighting tactic he calls a must have might be a tough sell. >> reporter: it was a bloody weekend for oakland and a stronger argument for the city's soon to be hired police consultant to impose one of his controversial policies, stopping and searching suspicious people, otherwise known as stop and frisk. in a satellite interview from new york...
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takes all of the power of his office if he's willing to expand political capitol, you don't want to bet your house on the outcome, but i would say that they are not going to be able to get an assault weapons ban through this congress. >> jennifer: actually 88% of republicans in congress have received a contribution from the nra at some point in their career although according to the sunlight foundation among democrats it's 11%. with long oddings of getting a ban through congress some governors are moving ahead with state-wide bans instead. governor o'malley is proposing one of these strictest in the nation. it would ban assault weapons and restrict visitor access to school, and require perspective gun owners to provide finger continues to police and undergo a thorough background check. but how much teeth can a state ban have. joining me now is katrina vanden huevel, editor and publisher of "the nation." welcome back inside "the war room"? >> thank you governor. >> jennifer: i want to talk about the strategy of this and other issues. the president's strategy on it the progressive base wa
takes all of the power of his office if he's willing to expand political capitol, you don't want to bet your house on the outcome, but i would say that they are not going to be able to get an assault weapons ban through this congress. >> jennifer: actually 88% of republicans in congress have received a contribution from the nra at some point in their career although according to the sunlight foundation among democrats it's 11%. with long oddings of getting a ban through congress some...
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you can bet the ratings are going to be high on this one. again, bill, this interview airs thursday night on the oprah winfrey network. bill: so before he went to that hotel in austin yesterday, he stopped by his charity, his canser charity, live strong. and made an apology for what? >> reporter: he absolutely did. he apologized for being wrapped up in this whole controversy. the livestrong, foundation, bill, as you know, raised millions and millions of dollars for cancer research around the world and he sat down as the board member from that organization that he started back in october when the u.s. anti-doping agency released that damning report. before he did the interview with oprah he talked with 100 members of his staff at the foundation, a 20-minute talk. he expressed his regret. he choked up at times and made no admissions. now of course the question remains, bill, what will happen legally to lance armstrong because as you know under oath he admitted that he did not use these drugs. he denied it all along and, he also sued people for
you can bet the ratings are going to be high on this one. again, bill, this interview airs thursday night on the oprah winfrey network. bill: so before he went to that hotel in austin yesterday, he stopped by his charity, his canser charity, live strong. and made an apology for what? >> reporter: he absolutely did. he apologized for being wrapped up in this whole controversy. the livestrong, foundation, bill, as you know, raised millions and millions of dollars for cancer research around...
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. >>> just ahead, oddsmakers are already betting on whether will and kate's baby will be born on grandma princess diana's birthday. >>> plus, bill clinton and steven spielberg's big secret. we will reveal that for you next. you're watching "early today." >>> good morning and welcome back. another chilly morning in california. l.a. starting off at 39 degrees but you're almost done with that really cool air you've been dealing with. temperatures in seattle and portland in mid-30s right now. we'll top out in the 30s. watch out for freezing fog in the pacific northwest. especially across the coast of oregon. and then it is going to be sunny right down into california. temperatures today in the 50s and 60s. tomorrow's even better. we should inch closer to 70 degrees in l.a. much needed warm air for that area. they couldn't really handle the cold air, the orange crops and everything, it's been brutal. >> when i lived there, i couldn't stand it when it went below 50 degrees. thanks a lot. >>> >>> well, it looks like tina fey and amy poehler may have a new annual gig. the hosting pair scored the
. >>> just ahead, oddsmakers are already betting on whether will and kate's baby will be born on grandma princess diana's birthday. >>> plus, bill clinton and steven spielberg's big secret. we will reveal that for you next. you're watching "early today." >>> good morning and welcome back. another chilly morning in california. l.a. starting off at 39 degrees but you're almost done with that really cool air you've been dealing with. temperatures in seattle and...
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. >> former president bush left the hospital in texas today after bet battling illness. brompk kitis related cough sent hem to the hospital on the day after thaichlgt he spent a week in intensive car. his doctors say the condition wasn't life threatening but wanted to prevent the 8-year-old from developing pneumonia. >> mr. bush is america's oldest living president, by the way. >> coming up from 7 on your side, smart phone tracking and how laut could be on your side whit comes to finding out who is watching your every key stroke. store neighbors say snuck into the neighborhood. >> a car of the year is is an american car competing with mercedes-benz and bmw sports cars. the news at 5:00 >>> tonight san rafael police on the lookout for this machbl she the say robbed west america bank in san rafael on january 4th. the man approached a teller, demanded money, and made off with cash. police did# not say how much money he got away with. >> san francisco muni employees ran up the biggest overtime tab last year going over by $18 million. some money went to three supervise dwr
. >> former president bush left the hospital in texas today after bet battling illness. brompk kitis related cough sent hem to the hospital on the day after thaichlgt he spent a week in intensive car. his doctors say the condition wasn't life threatening but wanted to prevent the 8-year-old from developing pneumonia. >> mr. bush is america's oldest living president, by the way. >> coming up from 7 on your side, smart phone tracking and how laut could be on your side whit comes...
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to comes to picking the best performing stock your financial advisor may not actually be your best bet it turns out cats can do that just as well or perhaps even better a feline named orlando managed to beat several professional investors and a group of students in a year long stock picking called petition and that's according to the observer he did that by throwing his toy on a grid with company names on it the ginger color kitty ended the year with a ten percent profit perhaps the best thing for your family's financial health is buying an extra box of whiskers to keep your cat happy. and that's all the latest from the business desk who join me for an update in less than two hours time for more stories that are t. dot com slash business. deadly rivals the decades. if you had fifteen thousand people killing each other in any other country there would be diplomats there would be mediators who get a. self-imposed out costs from society i will cut myself am i going to tax my brother you understand my contact immediately. going to be basically attacked the columns of my anger and my frustr
to comes to picking the best performing stock your financial advisor may not actually be your best bet it turns out cats can do that just as well or perhaps even better a feline named orlando managed to beat several professional investors and a group of students in a year long stock picking called petition and that's according to the observer he did that by throwing his toy on a grid with company names on it the ginger color kitty ended the year with a ten percent profit perhaps the best thing...
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and last thing anybody who's bet against america has proved it's a losing bet in the past. we're very bullish on this country. >> steve, thanks so much for your time. thank you for joining us first on cnbc. >> thank you. >>> interesting debate. meantime, goldman sachs making waves with the bonus pay joits. we'll get that in a moment. after the break, david faber's exclusive with mel karmazin. he's here to give us his very first interview since stepping down as the ceo of sirius xm. we're back in a couple of minutes. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto-insurance quote. usaa. we know what it means to serve. that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mou
and last thing anybody who's bet against america has proved it's a losing bet in the past. we're very bullish on this country. >> steve, thanks so much for your time. thank you for joining us first on cnbc. >> thank you. >>> interesting debate. meantime, goldman sachs making waves with the bonus pay joits. we'll get that in a moment. after the break, david faber's exclusive with mel karmazin. he's here to give us his very first interview since stepping down as the ceo of...
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now the city of oakland is making a big money bet on a legendary law money to come in and turn -- law man to come in and turn things around. a controversial crime fighting tactic he calls a must have, might be a tough sell. >> reporter: it was a bloody weekend for oakland and a stronger argument for the city's soon to be hired police consultant to impose one of hiscontroversial policies stopping and searching suspicious people otherwise known as stop and frisk. he told cbs 5 he won't back off from what he believes works. >> for any city to say they don't do stop and frisk i'm sorry they don't know what the hell they are talking about. >> reporter: the practice has come under fire. civil rights groups in new york are suing police for stopping and searching people in privately owned buildings. officers were given access by landlords. >> there is a stop and frisk policy that is constitutional i am not against that. >> you don't get to stop random people walking down the street because they are african american male, because they are young or live in a certain neighbourhood. we are agains
now the city of oakland is making a big money bet on a legendary law money to come in and turn -- law man to come in and turn things around. a controversial crime fighting tactic he calls a must have, might be a tough sell. >> reporter: it was a bloody weekend for oakland and a stronger argument for the city's soon to be hired police consultant to impose one of hiscontroversial policies stopping and searching suspicious people otherwise known as stop and frisk. he told cbs 5 he won't back...
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characterize for me the president in temperment and in words on the bet dealin dealing -- ceiling. >> charlie, i think he realizes he has a winning hand substantively on this and there will be caveats in just a moment. i was truck,-- struck, however that what this really, his last press conference his first term showed he should have had a lot more than he did. because he's rusty. if was almost analogy can be made to that first debate. he went on too long for a while. he stepped on his narrative some. and if you read t i think reads better than it looked. the reason i say i think he believes he has the upper hand on the debt sealing is because republicans have a losing hand. they don't want to hold the full faith and credit of the united states hostage to cutting entitlements. that's just not a winning hand but there are other games they can play in the middle on that and i think that obama did at best a fairly good job today in countering that. >> rose: major? >> well, the president uses press conference primarily, charlie, to tell the republicans in the countries that's watching and
characterize for me the president in temperment and in words on the bet dealin dealing -- ceiling. >> charlie, i think he realizes he has a winning hand substantively on this and there will be caveats in just a moment. i was truck,-- struck, however that what this really, his last press conference his first term showed he should have had a lot more than he did. because he's rusty. if was almost analogy can be made to that first debate. he went on too long for a while. he stepped on his...
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during the cold war, germany's bundesbank took a bet by soaring gold reserves around the world and left in there after the collapse of communism. >> last year, official auditors point out that official stockpiles abroad have never actually been counted. >> plans are afoot to bring the bars back home, or at least some of them. >> at least he knows what he has in his hands -- his golden globe is nothing more than a thin layer of 24 karat gold covering up something much less precious, and there is no doubt about the quality of the gold in the bundesbanks either. experts inspect and count it every year. these do not have a chance. but this kind of checks are not possible every year. u.s. federal reserve's held somewhere in new york are not open to german gold inspectors. germany owns a total of about 3,396 tons of gold, and almost 131 -- 1/3 of that is held in frankfurt. but almost half of germany's goal design in new york. now, the bank is said to have worked up a plan to move more of its gold reserves onto german soil. that plan includes withdrawing all of its gold from france and substan
during the cold war, germany's bundesbank took a bet by soaring gold reserves around the world and left in there after the collapse of communism. >> last year, official auditors point out that official stockpiles abroad have never actually been counted. >> plans are afoot to bring the bars back home, or at least some of them. >> at least he knows what he has in his hands -- his golden globe is nothing more than a thin layer of 24 karat gold covering up something much less...
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during the cold war, germany's bundesbank took a bet by soaring gold reserves around the world and left in there after the collapse of communism. >> last year, official auditors point out that official stockpiles abroad have never actually been counted. >> plans are afoot to bring the bars back home, or at least some of them. >> at least he knows what he has in his hands -- his golden globe is nothing more than a thin layer of 24 karat gold covering up something much less precious, and there is no doubt about the quality of the gold in the bundesbanks either. experts inspect and count it every year. these do not have a chance. but this kind of checks are not possible every year. u.s. federal reserve's held somewhere in new york are not open to german gold inspectors. germany owns a total of about 3,396 tons of gold, and almost 131 -- 1/3 of that is held in frankfurt. but almost half of germany's goal design in new york. now, the bank is said to have worked up a plan to move more of its gold reserves onto german soil. that plan includes withdrawing all of its gold from france and substan
during the cold war, germany's bundesbank took a bet by soaring gold reserves around the world and left in there after the collapse of communism. >> last year, official auditors point out that official stockpiles abroad have never actually been counted. >> plans are afoot to bring the bars back home, or at least some of them. >> at least he knows what he has in his hands -- his golden globe is nothing more than a thin layer of 24 karat gold covering up something much less...
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i'll be met because she's paying the bills and i can bet you there's never no cycle to get us out of this it's just a cycle to get us back into so of course people are going to behave in ways that are anti-social if we don't let them behave in pro-social writers. more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. china corporations are on the day . the worst year for those paying only white house to have a day radio guy and caught a veil minestrone click off it i want you to watch quote for about fifteen years you've never seen anything like this i'm cold.
i'll be met because she's paying the bills and i can bet you there's never no cycle to get us out of this it's just a cycle to get us back into so of course people are going to behave in ways that are anti-social if we don't let them behave in pro-social writers. more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. china corporations are on the day . the worst year for those paying only white house to have a day radio...
SFGTV: San Francisco Government Television
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he said "well, admiral do we have to give you credit for an assisted arrest" and i said "you bet your life too and i also want a sf tv star" and anyway those small things happen. i paid the police department and the city back. we put this together with a group of volunteerses, the original command center. the wonderful volunteers that exist in san francisco. not people advising you but people coming here doing stuff and they represented the great cross section of san francisco. had two retired school teachers who came to this temporary building everyday for five years, and provided administrative assistance. they were wonderful. one of them was mary louise green. dave ebberly -- you haven't heard that name. he was the guy bouncing around and i found out he was the volunteer driver of the emergency vehicle that we had which was parked in a fire house at the other end of the city and get a call at 2:00 o'clock in the morning and get in that vehicle, and i later learned -- i'm sorry dave. i didn't understand at the time. it was manual transmission and manual brakes and i wish i could hav
he said "well, admiral do we have to give you credit for an assisted arrest" and i said "you bet your life too and i also want a sf tv star" and anyway those small things happen. i paid the police department and the city back. we put this together with a group of volunteerses, the original command center. the wonderful volunteers that exist in san francisco. not people advising you but people coming here doing stuff and they represented the great cross section of san...
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i would bet against any assault weapons ban, but i think there really could be a real struggle over that. >> rose: when you look at these issues of nominee for secretary of defense, nominee for secretary of the treasury, and these criticisms on diversity, what did he say about that, major? >> well, the president said just hold on a minute. wait until i have made my appointments but for at point. s made so far on the national security side, all white males, treasury secretary, jack lew, an insider, chief of staff now moving over there, there are those who look at this administration and say not only is he not diverse as diverse tas was the first term, but it doesn't have any sort of that low level rivalry contingent that the first term cabinet did. all these people are dyed in the wool obama loyalists from the tightest elemental elements of the inner circle for president obama. and that is not a diversity it might be a sort of well what kind of outside opinions and perspectives are you getting at all, diverse or otherwise, and there are those who are criticizing the president's current ap
i would bet against any assault weapons ban, but i think there really could be a real struggle over that. >> rose: when you look at these issues of nominee for secretary of defense, nominee for secretary of the treasury, and these criticisms on diversity, what did he say about that, major? >> well, the president said just hold on a minute. wait until i have made my appointments but for at point. s made so far on the national security side, all white males, treasury secretary, jack...
SFGTV: San Francisco Government Television
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able to get over there weren't going to fall into the hands of somebody that might use them, you're betting against the odds. the shooter in newtown, connecticut, got those guns from his home, legally purchased firearms. we took 2 96 guns off the street here thankful to dr. joe marshall and omega boys club. over 150 handguns, almost 150 rifles and shotguns, these are not what people keep saying aren't going to make a difference. this is absolutely making a difference. and i would say to the nra or anybody that says, hey, this isn't the problem, if it's not the problem, it will make a difference, it should make a difference banning them. let's err on the side of caution, keep the kids safe. thank you. >> let me also echo again my appreciation for commissioner dr. joe marshall because omega boys club has been a great partner. they are part of our effort to organize commutes, to intervene as early as we can, and i totally agree with the chief that these particular guns, if you look at them up front and close, you'll see they really shouldn't be in anybody's homes. they're designed to kill folk
able to get over there weren't going to fall into the hands of somebody that might use them, you're betting against the odds. the shooter in newtown, connecticut, got those guns from his home, legally purchased firearms. we took 2 96 guns off the street here thankful to dr. joe marshall and omega boys club. over 150 handguns, almost 150 rifles and shotguns, these are not what people keep saying aren't going to make a difference. this is absolutely making a difference. and i would say to the nra...
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. >>> just ahead, oddsmakers are already betting on whether will and kate's baby will be born on grandma princess diana's birthday. >>> how well did tina fey and amy poehler do at this year's "golden globes"? you'll find out. using cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters. allowing them to see through anything. because the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. and one wedding, 2 kids, 43 bottles of olay total effects and many birthdays later, still looks amazing. thanks to the trusted performance of olay. pull out the paper and...what!!?? an article that says a typical family pays $155,000 in "wall street" fees on their 401(k)s? seriously? seriously. you don't believe it? search it, "401k 155k." then go to e-trade. and roll over your old 401(k)s to a new e-trade retirement account. we have every type of retirement account. none of them charge annual fees, and all of them offer low cost investments. why? because we're not your typical wall street firm, that's why. so you ke
. >>> just ahead, oddsmakers are already betting on whether will and kate's baby will be born on grandma princess diana's birthday. >>> how well did tina fey and amy poehler do at this year's "golden globes"? you'll find out. using cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters. allowing them to see through anything. because the world's biggest challenges deserve even bigger solutions. powerful answers....
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>> so, you no he, maybe the bet's not great, but i'll take it anyway. perhaps america's celebrity royalty will steal the show. kim kardashian and kanye west are expecting their baby in june. we did the baby story. >> give me something funny now. >> let's turn to jimmy kimmel who checks in with west point when a cadet tries to remove an unwanted guest. take a look. >> a cadet found a mouse in his dorm room. and instead of killing it, he did the humane thing, brought it out and released it into the wild. and that's when hakuna matata set in. >> you're free. go. get on out. good luck. >> how do you feel? >> i feel relieved. that he's not going to wake me up in my bed anymore, crawl on my leg. it's kind of sad, you know, i just got to know him. oh, no. no! no! are you kidding me? he didn't last five minutes! >> one minute you're living in a dorm. >> that's horrible. >> maybe a little military training. >> he's releasing that animal into the wild. >> he releases him near the snow pack. a brown mouse on the white snow, he had no chance. >> that's probably one
>> so, you no he, maybe the bet's not great, but i'll take it anyway. perhaps america's celebrity royalty will steal the show. kim kardashian and kanye west are expecting their baby in june. we did the baby story. >> give me something funny now. >> let's turn to jimmy kimmel who checks in with west point when a cadet tries to remove an unwanted guest. take a look. >> a cadet found a mouse in his dorm room. and instead of killing it, he did the humane thing, brought it...
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without the repeal of glass steagall it would have been quite difficult for citi group to successfully bet on the collapse of the housing market by defrauding investors and whose name comes up when citigroup nearly imploded during the financial crisis that would be jack lew he was a top executive in the city group a unit that housed many of the banks riskiest operations so to sum it up a man who cares primarily about making giant banks bigger and richer is now going to be obama's right hand man when it comes to economic policy one thing's for sure jack lew is completely out of touch with the struggle of the majority of americans who are trying to make ends meet this nomination goes beyond any sort of rational thinking unless of course the rationale is to continue the dangerously close relationship between this government and wall street and if that's the case health it's right on the money. ever since the war on terror started iran has been a point of contention with the western world and always seems to come back to the same scare nuclear weapons every year you see here you hear the same
without the repeal of glass steagall it would have been quite difficult for citi group to successfully bet on the collapse of the housing market by defrauding investors and whose name comes up when citigroup nearly imploded during the financial crisis that would be jack lew he was a top executive in the city group a unit that housed many of the banks riskiest operations so to sum it up a man who cares primarily about making giant banks bigger and richer is now going to be obama's right hand man...
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san francisco ed lee have agreed to bet. they decided decided yet what is on the table. by the way, you know, green bay lost. we won. wisconsin cheese curds are on the way here. abc 7 news. >> must be good. >> oh, yu moo. here is a fan photo we've been asking you to send in. this one, of a dog. look how cute that is. >> we have at least another week to go. you can e mail them to this address. we've been posting them on abc 7 news.com as well. >> feels like football weather. >> it's crisp out there. >> i almost called in cold this morning. i decided to come in cold instead. here is a live view from our mount tamalpais camera looking on to the bay. san francisco to the right. bay bridge to the left. and temperatures are beginning to drop into chilly range. here is live doppler 7 hd no. clouds in the sky. it's going to be cold once again, tonight. let's get down to it. taking a look at readings on the 36 at napa. 42 at fairfield. so looks like napa has a head start. readings are a few degrees above the temperatures at this y9 so cold light now as at 6:a18 yesterday. we have
san francisco ed lee have agreed to bet. they decided decided yet what is on the table. by the way, you know, green bay lost. we won. wisconsin cheese curds are on the way here. abc 7 news. >> must be good. >> oh, yu moo. here is a fan photo we've been asking you to send in. this one, of a dog. look how cute that is. >> we have at least another week to go. you can e mail them to this address. we've been posting them on abc 7 news.com as well. >> feels like football...
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i bet she would like it if she was fast. hm, maybe give her some turbo boosters. tape a cheetah to her back. tape a cheetah to her back? seems like you have thought about this before. [ male announcer ] it's not complicated. faster is better. and the iphone 5 downloads fastest on at&t 4g. ♪ i feel more inspired. more positive. [ male announcer ] only lipton adds fresh-pressed tea leaves to its new great tasting blend. drink new lipton and you'll be surprised how great you feel. ♪ [ sneezes ] [ sniffles ] [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. face every day we've decided to we're all having such a great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'
i bet she would like it if she was fast. hm, maybe give her some turbo boosters. tape a cheetah to her back. tape a cheetah to her back? seems like you have thought about this before. [ male announcer ] it's not complicated. faster is better. and the iphone 5 downloads fastest on at&t 4g. ♪ i feel more inspired. more positive. [ male announcer ] only lipton adds fresh-pressed tea leaves to its new great tasting blend. drink new lipton and you'll be surprised how great you feel. ♪ [...
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. >> you bet. 25 percent work in retail. wal-mart greeters that you see all of the time but another 25 percent are employee fegsnals, judges, doctors. the more experience they are the better they are at their job. a lot of people are small business consultants some of their experience really counts. >> thank you. >> at the top of this newscast i mentioned breaking news had just come in about the cyclist lance armstro armstrong. we have heard he has made a dramatic confession about using performance enhancing drugs after years of denying it. that is a hit. from the journalist of fox news on this monday fox report. ink . now t $6 back in staples rewards for every ink cartridge you recyc when you spend $50 on hp in staples. th was easy. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get
. >> you bet. 25 percent work in retail. wal-mart greeters that you see all of the time but another 25 percent are employee fegsnals, judges, doctors. the more experience they are the better they are at their job. a lot of people are small business consultants some of their experience really counts. >> thank you. >> at the top of this newscast i mentioned breaking news had just come in about the cyclist lance armstro armstrong. we have heard he has made a dramatic confession...
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. >> you bet. >> megyn: the idea that president obama would impose executive orders for new gun control measures has resulted in reaction, for one lawmaker. and vowing to stop the president from doing this, saying he would defund the white house and possibly file articles of impeachment if necessary. he believes it's unconstitutional and a direct attack on americans. in our next hour, judge napolitano will be here and take up the legal issues going the executive action route on the second amendment and look at him. he looks like he's ready for business, doesn't he? looks like he's going to yell at me. coming up in less than an hour. we're also tracking a developing story right now out of hollywood. a member of the academy of motion pictures arts and sciences the group that organizations the academy awards is calling for a boycott of the controversial film "zero dark thirty," that doesn't look good for its chances, blasting the film, the torture scenes, used to hunts for the leader bin laden. and the enhanced interrogation as more critical in finding and getting bin laden than in fact th
. >> you bet. >> megyn: the idea that president obama would impose executive orders for new gun control measures has resulted in reaction, for one lawmaker. and vowing to stop the president from doing this, saying he would defund the white house and possibly file articles of impeachment if necessary. he believes it's unconstitutional and a direct attack on americans. in our next hour, judge napolitano will be here and take up the legal issues going the executive action route on the...
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the competing city to have a friendly wager so san francisco ed lee and atlanta reid have agreed to bet but they have not decided yet what is on the table. by the way the packers lost. we won. so cheese kurds on their way here. at san francisco city hall, carolyn tyler abc 7 news. >> don't know but. can't get enough of those cheese kurds. >> you can have mine is that i don't know if i recognize one if i saw it. you have the forecast. >> okay. getting cold outside. want melt for sure. here's the camera looking into the bay on this soon to be frosty night around the bay area. sky clear as you can see on live doppler 7 hd. no cloud cover around. no precipitation around and temperatures are plummeting. here's current temperature readings. 37 in fairfield. 34 in nap a.upper 30's at santa rosa and novato and concord and livermore and 36 at los gatos and 36 at half moon bay and 39 at redwood city. really cold overnight tonight. temperature change and location right around the bay agree or 2 up from this hour last tonight but look at those that are cooler. 5 grease cooler right now. cold intern
the competing city to have a friendly wager so san francisco ed lee and atlanta reid have agreed to bet but they have not decided yet what is on the table. by the way the packers lost. we won. so cheese kurds on their way here. at san francisco city hall, carolyn tyler abc 7 news. >> don't know but. can't get enough of those cheese kurds. >> you can have mine is that i don't know if i recognize one if i saw it. you have the forecast. >> okay. getting cold outside. want melt...
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investors around the world will ask if the united states of america a safe bet. >> the republican house speaker john boehner responding immediately to the president's remarks issuing a statement that read "the american people do not support raising the debt ceiling without reducing government spending at the same time. the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved." joining us is amy kremer, chairwoman of the tea party express. thanks for coming in this morning. >> thanks for having me. >> safe bet you're against raising the debt ceiling without spending cuts. >> the problem is the spending cuts never come. the republicans find themselves in the situation all the time t happened with reagan and bush 41 and with the sequester, it's been put off for two months, the spending cuts never come and we cannot continue down this path with over $16 trillion in debt, and a deficit of $1.4 trillion to $1.6 trillion per year. we're spending $1.6 million per year than we're bringing in. >> you've
investors around the world will ask if the united states of america a safe bet. >> the republican house speaker john boehner responding immediately to the president's remarks issuing a statement that read "the american people do not support raising the debt ceiling without reducing government spending at the same time. the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved." joining...
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. >> well, i'm a betting man. it will work two or three hours and go out again. >> reporter: residents expect another update from the management company tomorrow aft afternoon at 1:00. the city code enforcement department is expecting the same thing. by the way, we did check with the city code enforcement department. the management company here was cited in 2007 when they installed the boiler are for not having the proper paperwork. that has now been resolved but they have been crated for other code violations since then not related to the boil er. >> thank you, kris. >>> new details on the big tree that came crashing down onto a home in the north bay and also knocked down a power pole. pg&e restored power to some people but still about 30 customers are in the dark right now. the saturated ground from our recent storms being blamed for this. the tree took out the entire second floor of the house. a neighbor heard and felt all the commotion. >> you feel the ground. quite literally, yeah. i didn't know what it was.
. >> well, i'm a betting man. it will work two or three hours and go out again. >> reporter: residents expect another update from the management company tomorrow aft afternoon at 1:00. the city code enforcement department is expecting the same thing. by the way, we did check with the city code enforcement department. the management company here was cited in 2007 when they installed the boiler are for not having the proper paperwork. that has now been resolved but they have been...
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. >> you bet. u.s. companies increase their three-tenth of a percentage point. home prices rose .3 of a point in no.. year to year rise was 7.5%. largeest in six-and-a-half years. retail sales were up half a point. in december. the dow was up today, 27-1/2. the s&p 500 gained two. the nasdaq lost 7. gun rights advocates are bracing for the worst tonight. president obama will announce tomorrow morning what he intends to do about gun violence including which of almost two dozen possible executive orders he will implement. here is white house correspondent wendell goler. >> reporter: aides say the president and vice president will propose things we can do as a nation to protect innocents from gun violence and will joined by children around the countrybe who wrote the president letter ins the wake of the tragedy expressing concern about gun violence and school safety along with their parents. >> mr. obama called this the worst day of the presidency. but this inflames his critics. mr. biden has legislative proposals and things to do on their own likebe cracking down
. >> you bet. u.s. companies increase their three-tenth of a percentage point. home prices rose .3 of a point in no.. year to year rise was 7.5%. largeest in six-and-a-half years. retail sales were up half a point. in december. the dow was up today, 27-1/2. the s&p 500 gained two. the nasdaq lost 7. gun rights advocates are bracing for the worst tonight. president obama will announce tomorrow morning what he intends to do about gun violence including which of almost two dozen possible...
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. >> you bet. >>> coming up, scott brown's political future. will he be smart enough to avoid losing the race in massachusetts by not running for the race again, that is in the re-write. >>> and later, cory booker will be here to talk about his intention to run for senate in new jersey. i paint people from my life mostly. my ex-girlfriend... 7th grade math teacher. who is this? that's pete. my... [ dennis' voice ] allstate agent. a "starving artist" has an allstate agent? he got me... [ dennis' voice ] the allstate value plan. it's their most affordable car insurance and you still get an agent. [ normal voice ] i call it... [ dennis' voice ] the protector. is that what you call it? the protector! okay. ♪ the allstate value plan. are you in good hands? the allstate value plan. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu vir
. >> you bet. >>> coming up, scott brown's political future. will he be smart enough to avoid losing the race in massachusetts by not running for the race again, that is in the re-write. >>> and later, cory booker will be here to talk about his intention to run for senate in new jersey. i paint people from my life mostly. my ex-girlfriend... 7th grade math teacher. who is this? that's pete. my... [ dennis' voice ] allstate agent. a "starving artist" has an...
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. >> you bet. >>> coming up, scott brown's political future. will he be smart enough to avoid losing the race in massachusetts by not running for the race again, that is in the re-write. >>> and later, cory booker will be here to talk about his intention to run for senate in new jersey. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got client
. >> you bet. >>> coming up, scott brown's political future. will he be smart enough to avoid losing the race in massachusetts by not running for the race again, that is in the re-write. >>> and later, cory booker will be here to talk about his intention to run for senate in new jersey. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way...
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you bet we will work with incumbent. >> this has nothing to do whether support john boehner or not. members of the leadership deem across the street at the capitol or at the nrcc, have a common goal mission, that is to move forward with the republican principles that grows job and bring down our debts. i look for unifying things. i will not get off into the absolutes. >> okay. greg waldon, chairman of the nrcc. republicaning from the state of oregon. other stuff i wanted to get to and came to climate and energy issues and i know you care about. hopefully next time we will get to that. >>> promises, promises. deep dive into the president's first term. campaign promises he made and the one he is kept, ones he didn't. and the one-time back burner issues that are quickly heating up. how many treasury secretaries became chiefs of staff? living with moderate to severe rheumatoid arthritis means living with pain. it could also mean living with joint damage. humira, adalimumab, can help treat more than just the pain. for many adults, humira is clinically proven to help relieve pain and stop
you bet we will work with incumbent. >> this has nothing to do whether support john boehner or not. members of the leadership deem across the street at the capitol or at the nrcc, have a common goal mission, that is to move forward with the republican principles that grows job and bring down our debts. i look for unifying things. i will not get off into the absolutes. >> okay. greg waldon, chairman of the nrcc. republicaning from the state of oregon. other stuff i wanted to get to...
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. >>> this being a smart audience i bet you can tell the difference between a horse and a zebra but can you identify the family, geous, species, and sub see piece of every animal on the planet? we see guns in the movies, many of us own them, but few of us are experts. the last lexon of gun verbiage is technical and misused most often by the voices most vocal. sometimes it's ignorance but more often it's an effort to scare and confuse the public. either way if ear going to solve gun crime we have to get our facts straight. here is a crash course. the term rapid-fire is meant to conjure scary images of fully automatic bullet spray. think rambo. but the weapons use in aurora, newtown, around virtually every other shooting in recent history were not fully automatic. rapid fire doesn't describe the gun used. it describes the shooter's ability to shoot and reuse quickly. when you say you want to ban rapid fire guns, you might be talking about the handgun your mom keeps by her bed or even the shotgun your dad shoots deer with. there's no such thing as high capacity ammunition, as "the washingt
. >>> this being a smart audience i bet you can tell the difference between a horse and a zebra but can you identify the family, geous, species, and sub see piece of every animal on the planet? we see guns in the movies, many of us own them, but few of us are experts. the last lexon of gun verbiage is technical and misused most often by the voices most vocal. sometimes it's ignorance but more often it's an effort to scare and confuse the public. either way if ear going to solve gun...
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investors around the world will ask the united states of america is in fact a safe bet. every homeowner, every small business owner who wants to grow and hire. it would be a self-inflicted wound on the economy. it would slow down our growth. it might tip us into recession. and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. >> if the country defaults on its debt, republicans will take the blame for the damage, as president obama pointed out, the country is required by law to pay for what congress spends. >> congress authorizes spending. they order me to spend. they tell me you need to fund our defense department at such and such a level. you need to send out social security checks. you need to make sure that your paying to care for our veterans. they lay all this out for me. because they have the spending power. and so i am required by law to go ahead and pay these bills. >> many republicans are willing to just let it all burn to the groun
investors around the world will ask the united states of america is in fact a safe bet. every homeowner, every small business owner who wants to grow and hire. it would be a self-inflicted wound on the economy. it would slow down our growth. it might tip us into recession. and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. >> if the country defaults on its...
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obama is betting that he can resonate more than house republican. >> i'm thinking the gop has to get back to the message of spending cuts and oh, by the way, the president today called for higher taxes. i think boehner has got to shut that down. we already had a tax hike. >> listen, the republicans have got to do something massively different. the playbook is not working. boehner and mcconnell came out today with these milquetoast reactions to obama's explosive rhetoric. they said, it's a very, very hard problem and we need to be responsible. look, obama is saying that republicans are holding a gun to their head. that republicans don't care about old people or children with disabilities. we have got to get better about arctic lating what is the impact of spending cuts. are we really headed towards bankruptcy like greece? yes. we have to use the same enthusiasm in explaining our position and put some folks out there who have some passion and can actually reach the american people because this is not working. >> all right. well, passion. you may be looking at the wrong party. we'll see
obama is betting that he can resonate more than house republican. >> i'm thinking the gop has to get back to the message of spending cuts and oh, by the way, the president today called for higher taxes. i think boehner has got to shut that down. we already had a tax hike. >> listen, the republicans have got to do something massively different. the playbook is not working. boehner and mcconnell came out today with these milquetoast reactions to obama's explosive rhetoric. they said,...
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good to have you on the program >> you bet. >> love talking with you always. coming by more often, would you, please. >> would love to. >> breaking news right now on dell. david faber with the story. >> reporter: thanks very much, maria. joining you on the phone from mid-town. want to fill in some gaps we have in terms of understanding what exactly is going on with the potential leveraged buyout of dell, and i think i can do that this afternoon. one key question we've had, of course, since we first heard this news yesterday is how do they do it on the size of the equity check? but my understanding is as follow. the equity checks are from silver lake and potentially at least one other investor, would only be around $2 billion. why is that? well, that is because dell is going to bring back cash from overseas, essentially repatriate a bit of it for a decent amount, cash is my understanding. it is seen as something that is possible to be done despite having to pay those taxes. that, of course, will lower the overall price and lower the debt, but more importantly l
good to have you on the program >> you bet. >> love talking with you always. coming by more often, would you, please. >> would love to. >> breaking news right now on dell. david faber with the story. >> reporter: thanks very much, maria. joining you on the phone from mid-town. want to fill in some gaps we have in terms of understanding what exactly is going on with the potential leveraged buyout of dell, and i think i can do that this afternoon. one key question...